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| Its not that often here at Scorpio that we report on 'buisness' news, but this 1 could prove quite importent for music fans and record labels alike. The BBC reported last week that media giants Google, had begun to remove all EMI artist videos from there video sharing site YouTube after contract renewal talks with music lebel EMI had broken down. Google's YouTube. Google's YouTube. Acording to The Financial Times the plans under consideration are modeled after Hulu, the video site owned by NBC Universal and News Corp., which is the paper's parent company. Hulu, makes the majority of its capital by ad placment prior to the main video - much like many on demand TV sites. Three other big music owners are currently in talks with Google INC, they are EMI, Sony and Universal. They now get a fee each time one of their videos is watched on YouTube, but Google reportedly is pushing to reduce that fee and offer more of the ad revenue associated with the videos. The Times said the music companies are discussing a variety of plans, including a partnership with Hulu, creating a premium service on YouTube or creating a standalone venture. |
| *********************************************************************************************** Warner Warm Up For War Against YouTube *********************************************************************************************** |
